Forbes- A British hedge fund asked the Japanese government to reconsider its rejection of the fund’s plans to raise its stake in major utility J-Power.
The Children’s Investment Master Fund said Friday the decision process lacked transparency and included incorrect information and false premises, according to a statement.
The government, however, is unlikely to change its decision, which followed a panel study and cited potential disruptions to "public order."
A government official, speaking on the condition of anonymity customary for bureaucrats here, said the fund’s latest statement said nothing new.